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  3. HRES248
HRES248119th Congress·Introduced 2025-03-25

Is The Bill "Emphasizing the importance and power of distributed ledger technologies (DLT) to support democratic governance, human rights, internet freedom, and transparency." Crypto Friendly?

Based on 1 published commentary, this bill is very pro-crypto.

Very Pro-Crypto
About this bill

This bill emphasizes the significant potential of distributed ledger technologies (DLT), including blockchain, to bolster democratic governance, human rights, internet freedom, and transparency. It urges various U.S. government agencies to explore and support DLT development and application in these critical areas. Additionally, it encourages promoting DLT to combat censorship and calls for U.S. leadership in establishing a supportive regulatory framework that fosters ethical use while addressing potential risks and promoting sustainability.

Introduced
2025-03-25
Status
Introduced and Sponsored
Legislature
119th Congress
Stance on Crypto
Very Pro-Crypto
From 1 published commentary

Scores reflect how a bill would affect crypto if enacted, from very anti-crypto to very pro-crypto, based on the commentary below.

Support in Congress
  • Sponsors1 Democrat1
  • Cosponsors1 Republican1
Read the bill
Read on Congress.govView on GovTrackBill text (PDF)

Commentary

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DoTheySupportIt
Primary
marked this bill asVery Pro-Crypto

This bill is unequivocally pro-crypto as it broadly champions Distributed Ledger Technologies (DLT) for positive societal applications. It explicitly recognizes DLT's potential benefits for strengthening democratic governance, enhancing transparency, promoting human rights, and supporting sustainability. The resolution cites specific, useful applications such as identity management, land rights, combating misinformation, securing government documents, and facilitating humanitarian aid through direct cash transfers, all of which fall under enabling major useful applications for crypto-related technologies. Furthermore, it advocates for the use of DLT to combat censorship and safeguard free expression, aligning with protecting access and reducing arbitrary regulatory barriers. The resolution directly urges US government agencies to "explore and support the development and application" of DLT and calls for a "regulatory and policy framework that encourages the ethical use" of these technologies. This signals a desire for enabling regulatory clarity rather than restrictive measures. The overall tone is highly positive, promoting research, innovation, and investment in DLT, with only a minor, balanced mention of addressing risks without imposing new burdens.

Where Congress stands

Every member who has sponsored, cosponsored or voted on this bill. Pick a vote to see how each member voted on it, or narrow by party, name or state.

Sponsors

1

1 Democrat

  • Profile picture of Gabe Amo
    Gabe Amo
    RI-1

Cosponsors

1

1 Republican

  • Profile picture of Young Kim
    Young Kim
    CA-40